Broadcasting company A1 has a debt of some EUR 30 million. Out of that, the insolvent company owes about EUR 9.5 million to the Macedonia Public Revenue Office.
Therefore, it has been demanded for the company to declare bankruptcy, said temporary bankruptcy manager Aco Petrov at the hearing at the Basic Court in Skopje.
According to Petrov, there is only EUR 90,000 on A1’s accounts, which is not sufficient for the settlement of a MKD 1.8 billion debt.
The company owes a lot to companies affiliated with the TV, but Petrov doubts that the debt will ever be repaid. Since the company’s insolvency is obvious, bankruptcy has been demanded, Petrov says.
